Sweden’s Nuclear Revival: New Government Will Build More Power Plants to Keep up with Increasing Energy Demand
Sweden’s new government is expected to ask the country’s utility provider to build more nuclear reactors in a bid to boost electricity supply amid an expected influx of energy demand in the coming years. After winning elections last month, the right-wing Christian Democrat party announced on Friday it will request state-owned utility company Vattenfall AB […]
The Nord Stream Pipeline Theory No One Wants To Talk About
Joining SmallCapSteve today is Deep Dive contributor Braden Maccke. He sits down with Steve to dive into the Nord Stream Pipeline and the part of it that nobody wants to talk about. We also discuss Twitter, Elon Musk, and the possibilities if he does end up buying it. You can catch more of Braden’s musings […]
Beyond Meat Cuts: 200 Jobs, Revenue Outlook, Top Execs
In the guise of “a strategic shift,” Beyond Meat, Inc. (Nasdaq: BYND) announced major cuts today, including reducing its current workforce by 200 employees. The job cuts represents approximately 19% of the company’s total workforce, almost five times the previously announced plan to cut 4% of the workforce just this August. “While we believe the […]
Canadian Home Sales Activity Declines 32% In September Versus 2021
The Canadian Real Estate Association this morning revealed that an absolute disaster is underway within the Canadian real estate market. The agency this morning released data for the month of September, which showed that activity on a year over year basis has declined 32.2% for the month of September. Home sales declined on a month […]
Jamie Dimon: Fed Will Need to Raise Rates Beyond 4.5% to Cool Inflation
JPMorgan CEO Jamie Dimon provided a not-so-rosy outlook on the US economy, and slams the Biden administration for begging Saudi Arabia for oil while flip-flopping on Venezuela foreign policy. According to Dimon, the inflation problem in the US is so stubborn the Fed will have to raise its benchmark rate above the 4% to 4.5% […]
NOPEC: US Congress’ Bipartisan Response To OPEC+
Momentum is gathering in Congress in support of legislation that would challenge the OPEC+ group of oil-producing nations, which recently agreed to production restrictions that will benefit Russia while raising US prices. The US Senate has revived a proposal known as “NOPEC”, defined as “no oil producing and exporting cartels”–an obtuse reference to the Saudi […]
Watch Out, Walmart! Kroger Reportedly In Merger Talks With Albertsons
Kroger (NYSE: KR) is discussing a merger with rival Albertsons (NYSE: ACI) according to people familiar with the subject, in a transaction that would provide a serious market challenger to grocery store chain leader Walmart Inc. (NYSE: WMT). While no final decisions have been taken and talks may still be delayed or stalled, the people […]
Verano Terminates Deal To Acquire Goodness Growth, Goodness Readies For Court
Verano Holdings (CSE: VRNO) took center stage this morning in M&A drama, announcing that it would be walking from its previously agreed to acquisition of Goodness Growth Holdings (CSE: GDNS). Justification for the termination was related to reported breaches of the agreement. “We believe the decision to terminate this arrangement agreement was in the best […]
Terra Balcanica Adds Ceovishte Gold Project To Serbian Property Portfolio
Terra Balcanica (CSE: TERA) has expanded its land holdings within Serbia, becoming the second largest landholder within the highly prospective Raska district. The expansion follows an exploration license finally being granted by the Ministry of Energy and Mines. The new land package, referred to as Ceovishte, covers 80.36 square kilometres just 20 kilometres north of […]
New Anti-Woke ETF Launches On Wall Street, Already Focuses On “Progressive” Issues
A new conservative-themed exchange-traded fund launched on Tuesday. The God Bless America ETF (NYSEARCA: YALL) aims to fight against ‘woke’ sentiments, appealing to the political right. Launched by Toroso Investments and sub-advised by Curran Financial Partners, the YALL aims to primarily exclude companies it lists as “activists,” or companies known to implement environmental, social, and […]